SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: re3 who wrote (7707)2/11/2004 2:47:24 PM
From: gregor_us  Read Replies (1) of 110194
 
retired: I Have Adopted a Cash Mentality.

All my recent trades, and there have not been many of them, have had to pass my personal test: they've had to be much, much more compelling than sitting around in cash. This is conservative for me because usually I take the approach that there are all sorts of good trades around--just some better than others.

My accumulation of a position in an oil stock and a gold/silver stock have had to pass much internal scrutiny. Even so, I remain largely in cash. But I cannot resist exchanging some of that cash for assets that I think are undervalued when compared to the dollars it took to buy them.

There is very little to like across all asset classes right now. Cash, even with it punk rate of return, looks good!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext